20 Clear Spring Road

Bridgwater Lakes, Winnipeg

Property score

91.1

Excellent

Overall 91.1 · Larger and newer than most nearby homes

2,532 sqft (top 10%) · Built in 2016 (1 yr newer than avg)

Located in a high-income area with median household income of ~103k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 shops, 1 park, 1 bank/ATM, and 1 fuel station nearby

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

91.1 is composed by the two sections below.

Property Score

96.8Excellent
Living Area98
2,532 sqftExcellent
Year Built97
2016Excellent
Lot Size98
12,145 sqftExcellent
Neighbourhood Sales Activity79
Good

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Bridgwater Lakes

How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257

Community deep dive

$103K

Median household income

$120K

Average household income

14%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

13%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,532 sqft
0255075100
Same streetTop 22%Same areaTop 10%CitywideTop 3%
Same street · Clear Spring Road
#8 / 36
Top 22% · Avg 2,197 sqft
Same area · Bridgwater Lakes
#124 / 1,191
Top 10% · Avg 2,018 sqft
Citywide · Winnipeg
#5,198 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.5M
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 1%
Same street · Clear Spring Road
#1 / 36
Top 3% · Avg 956.9k
Same area · Bridgwater Lakes
#21 / 1,191
Top 2% · Avg 688.3k
Citywide · Winnipeg
#419 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetTop 19%Same areaTop 28%CitywideTop 6%

Lot Size

Elite
12,145 sqft
0255075100
Same streetTop 14%Same areaTop 5%CitywideTop 3%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

20 Clear Spring Road — 5 amenities found within 500 m, across 4 categories, including 2 shopping (nearest 460 m), 1 parks (nearest 371 m).

Search radius
🛒Shopping2
🌳Parks1
🏦Finance1
Fuel Stations1

Crime & Safety

Bridgwater Lakes · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Other

50%

Sales History

Sold 9/2017CA$1.2M–1.25M
Sold price

Same street

Top 13%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 20 Clear Spring Road, Winnipeg

Property Overview & Key Characteristics

This one-storey home in Bridgwater Lakes is a standout property defined by its substantial lot size and impressive scale. Built in 2016, its primary appeal lies in its generous 12,145 sqft land area and spacious 2,532 sqft of living space, both ranking in the top tiers for the neighbourhood and city. A key feature is the renovated basement, adding significant finished living area. The home’s assessed value of $150.20k places it in the top 3% of its street and top 2% of the neighbourhood, indicating strong official valuation growth since its last sale in 2017.

Its appeal is for buyers seeking space and established value in a modern community. It perfectly suits growing families who prioritize large lots for recreation or future projects, and downsizers looking for ample single-level living without compromising on square footage. A thoughtful perspective is its appeal to value-conscious investors or buyers; the significant gap between its current assessed value and historical sale price suggests substantial equity growth, making it a property with a demonstrated financial track record in addition to its physical attributes.

Frequently Asked Questions

1. How does the lot size compare to typical properties in Winnipeg?
The 12,145 sqft lot is exceptionally large, ranking better than 97% of all properties in Winnipeg, placing it in the top 3%. This is a rare find, especially for a home built in 2016.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the listing agent to understand the full scope of living space.

3. The assessed value seems high for the area. Is this accurate?
While the assessed value is a municipal estimate for tax purposes, it is a strong market indicator. This home's assessment is in the top 2% of its neighbourhood (Bridgwater Lakes) and top 0% city-wide, suggesting the property is officially valued among the highest in Winnipeg.

4. Who might this property not suit?
It may not suit buyers seeking a low-maintenance yard, as the large lot requires more upkeep. It's also a one-storey design, so those preferring multi-level living might look elsewhere. The high assessment value may also result in correspondingly higher property taxes.

5. The home sold in 2017. What does that history tell us?
It sold for $124.50k in September 2017. Comparing that to its current $150.20k assessed value indicates a strong trajectory of value increase over a roughly seven-year period, providing concrete data on its financial performance.